Good afternoon, ladies and gentlemen. It being 3:00 P.M. and the necessary quorum being present, I welcome you and declare this Annual General Meeting of Sheffield Resources Limited open. My name is Bruce Griffin. I am Chairman of the Company, and it is in this capacity that I am chairing today's meeting. Today, we're very pleased to welcome those of you participating online through our virtual meeting platform provided by our shareholder, our share register, Link Market Services Limited. We also welcome those of you here today unable to join this meeting in person with us. Should we experience any technical issues today with the online platform, a short recess or an adjournment may be required, depending on the number of shareholders being affected. If this is the case, I shall advise you accordingly.
Before proceeding with the business of meeting, I would like to introduce you to my fellow directors, Mr. Ian MacIiver, Mrs. Vanessa Kickett, Mr. John Richards, and Mr. Gordon Cowie. Mark Di Silvio presides as Company Secretary. A representative of the auditors, HLB Mann Judd, is also available to answer any questions from shareholders regarding the financial statements. Now, moving to the formalities, to the meeting formalities. The notice of meeting was duly given, and the meeting has been properly convened. We will turn to resolutions later in the meeting. Please note that only shareholders, proxy holders, or shareholder company representatives may vote. If you are present in person, you will have received one of the following cards on registration: yellow for shareholders who may vote and ask questions, blue for shareholders who have already voted.
These shareholders may not vote, but they may speak or ask questions and red for visitors who are not eligible to vote or speak at the meeting but are very welcome as observers. When asking a question, please hold up your yellow or blue card and state your name. Shareholders who are present in person and who are entitled to vote have been given a yellow voting card. If you do not have a yellow voting card, please refer to the Link staff at the registration desk. On this card, you will find a series of boxes for voting. Please indicate on your card how you wish to vote by ticking or marking the appropriate square for all resolutions that have been read. You must mark either the for or against box for your vote to count.
If you are a proxy holder, a summary of the votes to which you're entitled has been provided with the yellow voting card. If you only have directed votes, you need to do nothing other than submit the voting card. Votes at your discretion or open votes are shown in the column and are titled "Votes Open" on your proxy statement and can be cast at your discretion by marking either the for or against box. For those shareholders attending remotely, once you have registered, you may submit a question by clicking on the "Ask a Question" button, typing your question, and clicking "Submit." Alternatively, for those who have contacted Link Market Services prior to this meeting and have been verified and obtained a personalized PIN, may ask a question or make a comment by telephone. Please wait for instructions from the moderator.
For visitors attending remotely, you are not eligible to vote or ask questions but are welcome as observers. Shareholders who have registered and are attending remotely may click on the "Get a Voting Card" button. Once your voting card appears, all the resolutions to be voted on will be displayed. You may need to use the scroll bar on the right-hand side of the voting card to view all resolutions. Please follow the prompts online to complete the voting card and then submit, and then click the "Submit Details and Vote" button. The agenda for the meeting will be contained to formal business, including the resolutions of the meeting. Voting on the resolutions will be conducted by way of poll. Each resolution will be read, and shareholders will be given the opportunity to ask questions. The poll will then be undertaken, and the meeting closed.
The results of the poll will be provided to the ASX following the closure of the meeting. Shareholders attending the meeting online will be able to cast their votes using the electronic voting card received when online registration is validated. Please refer to the virtual annual meeting online portal guide or the Link Market Services helpline specified. Following the voting, shareholders will be also asked to submit any general business questions for consideration. Ladies and gentlemen, we now attend to the matters requiring resolution, which are outlined in the notice of meeting. I propose to call a poll on each of these resolutions.
With the exception of resolutions six and seven being special resolutions, all other resolutions set out in the notice of meeting are to be considered an ordinary resolution, and as such must be approved by a simple majority of the votes cast by shareholders entitled to vote and voting upon the resolution. I advise that as Chairman of the meeting, I'm holding proxies in respect of each resolution. As advised on the proxy form on a poll, I intend to vote all of the proxies in respect of which I have not been given specific voting instructions in favor of each of the resolutions to be put to today's meeting. The first item of business on the agenda for this meeting is to consider the Company's financial statements for the year ended June 30th, 2024 and the reports of the directors and auditors on those statements. These statements have been circulated to members. Are there any questions in relation to the financial statements?
No.
No. There are no further questions. I shall move to the next item on the agenda, Resolution One. The second item of business is Resolution One, a non-binding resolution, which is to consider the adoption of the Company's remuneration report, which is included in the financial report. Are there any questions on this resolution? No. There are no questions. Thank you. Please now select either for, against, or abstain for Resolution One on the voting card. The next item of business on the agenda for this meeting is to consider the election of Mr. Ian MacIiver as a director of the Company. Are there any questions on this resolution?
No. Thank you. Please now select either for, against, or abstain for Resolution Two on the voting card. The next item of business on the agenda for this meeting is to consider the election of Mrs. Vanessa Kickett as a director of the Company. Are there any questions on this resolution? No. Thank you. Please now select either for, against, or abstain for Resolution Three on the voting card. The next item of business is Resolution Four, which relates to the grant of performance rights to myself. I will hand the chair over to Ian MacIiver for this resolution.
Thanks, Bruce. The next item of business is Resolution Four, which is the issue of performance rights to Bruce Griffin. Are there any questions on this resolution? No. Thank you. So will you now please select either for, against, or abstain for Resolution Four on the voting card? And I'll now hand the chair back to Bruce for the remainder of the meeting.
Thank you, Ian. The next item of business is Resolution Five, which is the issue of performance rights to Mark Di Silvio. Are there any questions on this resolution? No. Thank you. Please now select either for, against, or abstain for Resolution Five on the voting card. The next item of business is Resolution Six, which is the approval of an additional 10% placement capacity. Are there any questions on this resolution? Again, no. Thank you. Please now select either for, against, or abstain for Resolution Six on the voting card. The next item of business is Resolution Seven, to consider the renewal of proportional takeover provisions in the Constitution. Are there any questions on this resolution? Again, no. Thank you. Now, please select either for, against, or abstain for Resolution Seven on the voting card.
As there are no further questions and voting will be conducted by poll, I will now move to conduct the poll. Ladies and gentlemen, the Company has adopted the ASX Corporate Governance Council guidelines, which recommends that a poll be called on all resolutions. Link Market Services Limited has been appointed by Sheffield as returning officer for the poll. Representatives of Link Market Services will now collect your completed voting cards from the floor. You must lodge your voting card for your votes to be counted. Are there any outstanding voting cards? There we go. All good. I now declare the poll closed on the floor. For shareholders attending online, you will now see a five-minute countdown to finalize your votes. The results of the poll will be released to the ASX later today.
As there is no further business, that concludes the formal proceedings of the 2024 Annual General Meeting of Sheffield Resources. And I thank you again for attending and declare the formal part of the meeting closed. We did offer the opportunity for general business questions. Are there any general questions online? In which case, we'll close off the meeting, formal meeting at that point. Thank you.